The 1943 copper penny is extremely rare and valuable. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. The record price for a 1943 copper Lincoln penny is over $1,700,000 at auction in 2010. While 1943 copper cents weigh about 3.11 grams and don't stick to a magnet, the more common steel cents (which. A Philadelphia 1943 steel penny graded MS60 is worth about $11. That rises to $30 for a coin graded MS65, the lowest level classified as "gem quality". The better the quality, the rarer the coin and the higher the price. Beyond MS65, values climb steeply.
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The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. During World War II, the war effort required a lot of copper to make shell casings and munitions. In 1943 U.S. Mint produced the penny out of zinc plated steel to save copper for the war effort, so most 1943 pennies are silver colored. Are 1943 Steel Pennies Worth Anything? How much is a 1943 steel penny worth? 1943 steel pennies are generally worth more than their face value, with their value varying depending on their rarity, condition, mint errors, and other features.Historically, for example, uncirculated and ungraded steel pennies minted in San Francisco (1943-S) have sold for 15-60 cents, while uncirculated and. They're worth far more than the famous 1909-S VDB penny - the rarest regular-issue Lincoln cent: The 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. The 1943 copper cent — with approximately 20 to 40 made and some 12 known to exist today, this coin can command a price of around $150,000 to $200,000. 1943 Steel Penny Value TLDR. Most 1943 Steel pennies are worth just a few cents in average condition because more than 1 billion were minted for circulation.
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Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. USA Coin Book Estimated Value of 1943 Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.23 in Average Condition and can be Worth $2.88 to $9.35 or more in Uncirculated (MS+) Mint Condition. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.34 in Average Condition and can be Worth $3.38 to $11 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. 1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents.The unique composition of the coin (low-grade steel coated with zinc, instead of the previously 95%-copper-based bronze composition) has led to various nicknames, such as wartime cent, steel war penny. Type 2, Steel Price Guide. Last Update: 01-07 07:04 AM EST. Price Guide. US. Half-Cents and Cents. Lincoln Cent (Wheat Reverse) (1909-1958) Type 2, Steel (1943) Auction Prices Population CoinFacts Set Registry. Prices in USD Change.
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Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. Condition and rarity are key in determining a coin's value. According to the PCGS coin price guide, a 1943 steel penny in uncirculated condition (graded MS60 or above) is currently worth from $7 (MS60) to $3,500 (MS68).
Here is an overview of the value of 1943 steel pennies today, referencing the auction records you provided for the most valuable specimens: A normal 1943 steel wheat penny in circulated condition is worth around $0.50 to $1. In uncirculated condition, a common date 1943 penny ranges from $3 to $10 depending on the grade. The 1943 Steel Penny Value. While most 1943 Steel Pennies are valued between 10 and 43 cents, pristine versions can be worth much more. The auction record for a 1943 Steel Penny is $218,500, with rare errors like the 1943 copper penny reaching $1.7 million in auctions.
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Coin Value & Silver Market Specialists.. Lincoln Pennies (1959-2023) Register; Sign In; Home > All Coins. All Steel Penny coins in order by year, and then by mint. Click on either the image or link to visit that coins page and learn more about it. Search Results (1) Image Year Mint Type; 1944: 1944 Steel Penny: Image Year 1943-P wheat pennies could be sold between $0.05 to $0.90 in a circulated condition. You can earn more if you have a steel penny in mint state. In 1943, the Philadelphia Mint used a new die to create the steel pennies. So, there were a lot of well-struck steel one-cent coins.